GEF Grant Targets Serbian Forests

CorD Recommends

Aleksandar Macura, Co-founder and Programme Director for Energy at the RES Foundation

We Help the Rich, Rather than the Poor

It seems as though the current incentive...

Nenad Đurđević, Ball Packaging Commercial Director SEE, Turkey and CIS

Ball’s Commitment to Sustainability

Ball Packaging Europe is a leader in...

Dragan Lupšić, Corporate Affairs Director at HEINEKEN Srbija

Our Project ”RESERVOIR” Supports Preserving Serbia’s Water

Our country isn’t rich in water, while...

Milica Uraz, CEO, Steel Impex

“One Solution” Approach for Excellent Service

With advanced communication methods, Steel Impex’s approach...

EU and Serbia Strengthen Bonds Through Cultural Heritage Initiatives

The European Union is intensifying its cultural engagement in Serbia, as highlighted at a panel discussion in Užice, part...

Serbian Buyers Emerge as Major Players in Croatian Property Market

Historically, Slovenians have been the principal property buyers in Croatia, consistently leading in acquisitions with 3,403 properties bought last...

Oxford University to Return Stolen 500-Year-Old Hindu Saint Statue to India

Oxford University in the UK has committed to returning a centuries-old stolen Hindu saint's bronze statue to India, marking...

The Foreign Investors Council and EBRD Hosted Conference On Financial Services

The Foreign Investors Council of Serbia, in cooperation with the European Bank for Reconstruction and Development (EBRD), organised the...

Belgrade Prepares for Expo 2027 with a Focus on Play and Creativity

Belgrade is gearing up to host the Specialized Expo 2027, a global event set to captivate the world from...

Serbia’s forests will benefit from a 3.2-million-dollar grant approved by the Council of the Global Environment Facility (GEF), which will finance a four-year FAO project aimed at ensuring the long-term health of forests through sustainable management

Forestry is important for Serbia. Almost a third of the country’s territory is covered by forests, and the sector accounts for 2.3 per cent of total gross domestic product. Yet, a national forest inventory in 2009 found forests overall to be in a poor condition, with unfavourable structures, poor health, and a lack of natural regeneration.

This FAO project will help Serbia revise its current development strategy and legislation concerning forests, incorporating sustainability objectives and modern principles of multifunctional forest management. Conserving biodiversity and mitigating climate change will also become important considerations in forestry.

To ensure the smooth implementation of these principles, some 120 experts – forest users and representatives of forestry administration and institutes – will receive FAO training on forest management, including carbon, forest restoration, methods for controlling forest degradation and related topics.

The first area to come under multifunctional forest management could be 80,000 hectares of land in the buffer zone of the Tara National Park. An integrated sustainable forest management plan, to be developed and tested there, should increase forest cover by five per cent, resulting in the sequestration of 954,200 metric tonnes of CO2 equivalent. FAO will work in partnership with the German Agency for International Cooperation (GIZ).

The FAO project will help Serbia revise its current development strategy and legislation concerning forests, incorporating sustainability objectives and modern principles of multifunctional forest management

Endorsement by the GEF Council clears the way for initial project activities to commence in the coming weeks. Initial activities will include a capacity needs assessment and development of the full-size project.

The Global Environment Facility (GEF) was established on the eve of the 1992 Rio Earth Summit, to help tackle our planet’s most pressing environmental problems. Since then, GEF has provided $14.5 billion in grants and mobilised $75.4 billion in additional financing for almost 4,000 projects. GEF has become an international partnership of 183 countries, international institutions, civil society organisations, and the private sector to address global environmental issues.

GEF’s 18 implementing partners are: the Asian Development Bank (ADB), the African Development Bank (AFDB), the Development Bank of Latin America (CAF), Conservation International (CI), the Development Bank of Southern Africa (DBSA), the European Bank for Reconstruction and Development (EBRD), the Foreign Economic Cooperation Office – Ministry of Environmental Protection of China (FECO), Food and Agriculture Organisation of the United Nations (FAO), Fundo Brasileiro para a Biodiversidade (FUNBIO), the Inter-American Development Bank (IDB), the International Fund for Agricultural Development (IFAD), the International Union for Conservation of Nature (IUCN), the United Nations Development Programme (UNDP), United Nations Environment Programme (UNEP), United Nations Industrial Development Organisation (UNIDO), the West African Development Bank (BOAD), the World Bank Group (WBG), the World Wildlife Fund U.S. (WWF).

Related Articles

Jelena Marinković MSc., Novi Sad Fair

Fair Of New Ideas And Technologies

There is an ever-increasing number of exhibitors at the Novi Sad Fair who are opting to produce and present organic products and equipment for...

Aleksandar Jovović, PhD, University of Belgrade, Faculty of Mechanical Engineering

Improve Waste Management Systems

The establishment of a waste recycling system and the formation of a collection network is currently in progress in Serbia, marking an important element...


Environment and Health: Outdoor And Indoor Pollution

A clean environment is essential for human health and well-being. However, the interactions between the environment and human health are highly complex and difficult...

Green Serbia 2016

In cooperation with the Government of Serbia, CorD magazine publisher, alliance international media - aim, produced its latest project “Thinking Green & Living Clean”. Exclusive print and digital publication in English language, distributed in April 2016, the month when the world celebrates the Earth Day. Creating a sustainable, clean and safe world by making wiser decisions and choices.

A Move Toward Systems-Level Thinking

The year 2015 was the warmest year on record, and people, governments and even businesses are paying the price. And it’s a big price...


World’s Largest Recycled Box Plant The $260 million, 23,225-square-meters paper mill is the largest investment Pratt Industries has ever made in the U.S. Pratt Industries, headquartered...

Marko Slokar, Executive Director of MS SVET Ltd. Slovenia

Steps Towards A Green Europe

Despite the economic crisis, “green” projects have been the fastest-growing investments in the EU during the last few years, which is followed by growth...

Airport City Belgrade A Business Oasis

Never at the expense of safety: Airport City CEO Adir El Al has built the reputation of an investor who builds quickly and efficiently...